[NGC]

...stop the Foreclosure problem? Many homeowners are underwater (owing more than the house is worth). Most of these homeowners would stay in the house and continue paying their mortgage IF the bank would lower the value of the house. BUT the bank would sooner foreclose on the homeowner, drop the house value and sell it again at the lower value but never to the original homeowner. Can someone make sense out of this stupidity.I don't see why responders don't see that the ONLY solution to the housing crisis is to stop the foreclosures as quickly as possible.